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Old 7th February 2013, 01:52 PM   #1
AlexB1
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Join Date: Dec 2012
Location: New York, NY
Posts: 18

Default New Business Financing Option

Hi everyone,

I wanted to let all know that earlier this week we opened FundingCommunity.com up to borrowers looking for small business loans.

We are a totally new type of borrowing option for small businesses, designed to provide less expensive, more available loans that also market your business. We work by bringing a large number individual lenders in to support your loan (each loan is $2,000-$10,000). In addition to paying interest, borrowers also provide a "perk" (like 10% off) to lenders, which encourages lenders to become customers and support the cashflow of the business.

We will be opening to allow lenders within the next few weeks. While we are starting with just NY-based companies we are accepting applications from businesses throughout the US.

Happy to answer any questions here or at alex[at]fundingcommunity.com! (as an added bonus, if you apply in the next week and email me that you saw this post I will waive our fees for your loan)

Alex

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Old 20th March 2013, 06:41 AM   #2
henrybob
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i think they do around 60k euros or more investment and the rules vary however they don't look for a profit in it they want to stimulate the European economy so that would be the best option, but if you want to do that you have to act bit quicker because Cameron wants to leave EU and then you wont be able to get that investment.

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Old 23rd March 2013, 01:04 AM   #3
sean bash
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AlexB1, when you say small businesses, do you mean existing ones that have been open for a while and are generating revenue or people looking to start a business?

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Old 25th March 2013, 11:01 AM   #4
bethw
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That's really great Alex! With providing financing option, your company is going help few potential companies to realize their dreams.
What documents do you need for financing or what are your criteria for it?

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